PANews, May 9 news, according to on-chain analyst Yu Jin's monitoring, whale 0x20b has withdrawn a total of 23.46 million USDC from Binance to Hyperliquid in the past 27 hours. Then, it opened a short position of 187.5 HYPE with 5x leverage, with a position value of 45.77 million USD.

The average opening price is $20.4, and the liquidation price is $30. Currently, the loss has reached $7.43 million (-32%).